Ohmygift attacks the online gift market in the UK

Met during a Minibar event at the heart of London, Stefan (stefan at ohmygift.co.uk) is the Country Manager of Ohmygift, which will be officially launched next September. Ohmygift is « surfing » on the success of websites which allow users to offer presents and that have flourishing on the Internet over the last few years. Stefan is accompanied by Pierre (perfan at ohmygift.co.uk), who is the marketing assistant of Ohmygift.

Part of the Group Kadocom, Ohmygift works only with british suppliers. Ohmygift is has a broad range of products, we can find personalised calendars and diaries, wines and Champagne, magazines and for all type of occasions (wedding, anniversaries, fathers’ day, etc.). In any case, there are thousands of gifts available for your friends or family or simply to treat yourself.

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Comparison between French and British businesses

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One of the problems that French startups face, in comparison to their British counterparts, is their ability to develop and reach a critical size, notably to expand abroad. According to a study ‘Expand in Europe’ by Ernst & Young, realised in 2008 in collaboration with the business school ESCP-EAP (now ESCP Europe), the number of small companies in France is larger than in the UK (82,910 against 71,398 respectively).

So far, everything is fine as it shows that French entrepreneurial dynamics are healthy. It is, however, the number of medium-sized companies that constitutes the tricky point of the study. In 2008, the UK had more than 6,000 medium-sized companies (7.5% of all enterprises), while France had just above 3,400 medium-sized companies (3.9% of the total). This pattern is seen again with large and very large businesses; and it partly explains why France is missing 1 or 2 extra points of growth, which would allow France to catch up with the five largest country in term of GDP.

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Why this blog?

Why this blog?
First article, what’s more normal than explaining the reasons behind this blog. It starts from a simple fact, England and particularly London are made up of a large and growing population of French entrepreneurs. You only have to go to the different events and meetings to realise it. It is not unusual to meet French people hoping to or who have already created their own business. Nothing surprising when you know that London is the 6th French city in term of population. The French community renews itself continuously, just like a city with large universities. It therefore benefits of a great dynamism in the start-up community. London is also very multicultural, which gives this unique character to the England’s capital.

Why this name?
Nothing original, this website puts French startups located in London (and the UK as a whole) forward – mainly in the technology sector and the Internet. The term Valley is obvious; it is a reference to the « Old Street Valley » which is the equivalent – relatively speaking – of the Silicon Valley in Northern California. The area of East London, consisting of Shoreditch, Brick Lane, Hoxton and Hackney, contains a large quantity of innovative start-ups.